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Filing Details

Accession Number:: 0001209191-20-051172
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2020-09-18 17:07:02
Reporting Period:: 2020-09-16

Accepted Time:: 2020-09-18 17:07:02
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1618756	Restaurant Brands International Inc.	QSR	Retail-Eating Places (5812)	000000000

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1801288	Fernando Machado	130 King Street West Suite 300 Toronto A6 M5X 1E1	Chief Marketing Officer	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Shares	Acquisiton	2020-09-16	1,200	$27.28	14,274	No	4	M	Direct
Common Shares	Disposition	2020-09-16	1,200	$58.03	13,074	No	4	S	Direct
Common Shares	Acquisiton	2020-09-18	13,300	$27.28	26,374	No	4	M	Direct
Common Shares	Disposition	2020-09-18	15,584	$56.11	10,790	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	S	Direct
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Shares	Option (right to buy)	Disposition	2020-09-16	1,200	$0.00	1,200	$27.28
Common Shares	Option (right to buy)	Disposition	2020-09-18	13,300	$0.00	13,300	$27.28

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
136,300		2024-03-06	No	4	M	Direct
123,000		2024-03-06	No	4	M	Direct

Reported Derivative Holdings

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Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Shares	Option (right to buy)	$42.26		2025-03-05	11,420	11,420	Direct
Common Shares	Option (right to buy)	$42.26		2025-03-05	40,000	40,000	Direct
Common Shares	Performance Share Units	$0.00	2021-02-26	2021-02-26	30,315	30,315	Direct
Common Shares	Dividend Equivalent Rights	$0.00			3,585	3,585	Direct
Common Shares	Restricted Share Units	$0.00			8,757	8,757	Direct
Common Shares	Dividend Equivalent Rights	$0.00			1,041	1,041	Direct
Common Shares	Restricted Share Units	$0.00			4,989	4,989	Direct
Common Shares	Dividend Equivalent Rights	$0.00			513	513	Direct
Common Shares	Option (right to buy)	$58.44	2023-02-23	2028-02-22	40,000	40,000	Direct
Common Shares	Restricted Share Units	$0.00			3,966	3,966	Direct
Common Shares	Dividend Equivalent Rights	$0.00			353	353	Direct
Common Shares	Performance Share Units	$0.00	2024-02-22	2024-02-22	190,000	190,000	Direct
Common Shares	Dividend Equivalent Rights	$0.00			8,164	8,164	Direct
Common Shares	Restricted Share Units	$0.00			5,662	5,662	Direct
Common Shares	Dividend Equivalent Rights	$0.00			312	312	Direct
Common Shares	Restricted Share Units	$0.00			10,638	10,638	Direct
Common Shares	Dividend Equivalent Rights	$0.00			261	261	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2025-03-05	11,420	11,420	Direct
2025-03-05	40,000	40,000	Direct
2021-02-26	30,315	30,315	Direct
	3,585	3,585	Direct
	8,757	8,757	Direct
	1,041	1,041	Direct
	4,989	4,989	Direct
	513	513	Direct
2028-02-22	40,000	40,000	Direct
	3,966	3,966	Direct
	353	353	Direct
2024-02-22	190,000	190,000	Direct
	8,164	8,164	Direct
	5,662	5,662	Direct
	312	312	Direct
	10,638	10,638	Direct
	261	261	Direct

Footnotes

Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from $58.01 to $58.09 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price.
Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from $56.00 to $56.25 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price.
These options are immediately exercisable.
The shares reported represent an award of performance based restricted share units (the "2016 PBRSUs") granted to the Reporting Person. The 2016 PBRSUs had a three-year performance period beginning January 1, 2015 and endingDecember 31, 2018 and will vest on February 26, 2021, which is the fifth anniversary of the grant date.
Each whole dividend equivalent right represents a contingent right to receive one common share.
These dividend equivalent rights accrued on the 2016 PBRSUs. Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the 2016 PBRSUs and vest proportionately with and are subject tosettlement and expiration upon the same terms as the 2016 PBRSUs to which they relate.
Each restricted share unit represents a contingent right to receive one common share.
These restricted share units vest on December 31, 2020.
These dividend equivalent rights accrued on the 2016 restricted share unit award (the "2016 RSUs"). Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the 2016 RSUs and vestproportionately with and are subject to settlement and expiration upon the same terms as the 2016 RSUs to which they relate.
These restricted share units vest on December 31, 2021.
These dividend equivalent rights accrued on the 2017 restricted share unit award (the "2017 RSUs"). Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the 2017 RSUs and vestproportionately with and are subject to settlement and expiration upon the same terms as the 2017 RSUs to which they relate.
These restricted share units vest on December 31, 2022.
These dividend equivalent rights accrued on the 2018 restricted share unit award (the "2018 RSUs"). Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the 2018 RSUs and vestproportionately with and are subject to settlement and expiration upon the same terms as the 2018 RSUs to which they relate.
The shares reported represent an award of performance based restricted share units ("2019 PBRSUs") granted to the Reporting Person. The 2019 PBRSUs will have a three-year performance period beginning January 1, 2019 and ending December 31, 2022 and to the extent earned will vest 100% on February 22, 2024, which is the fifth anniversary of the grant date. The number of common shares that will be earned at the end of the performance period is subject to increase or decrease based on the results of the performance condition.
Each whole dividend equivalent right represents a contingent right to receive one common share, subject to increase or decrease based on the results of the Issuer performance condition.
These dividend equivalent rights accrued on the 2019 PBRSUs. Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the 2019 PBRSUs and vest proportionately with and are subject tosettlement and expiration upon the same terms as the 2019 PBRSUs to which they relate.
These restricted share units vest on December 31, 2023.
These dividend equivalent rights accrued on the 2019 restricted share unit award (the "2019 RSUs"). Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the 2019 RSUs and vestproportionately with and are subject to settlement and expiration upon the same terms as the 2019 RSUs to which they relate.
These restricted share units vest on December 31, 2024.
These dividend equivalent rights accrued on the 2020 restricted share unit award (the "2020 RSUs"). Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the 2020 RSUs and vest proportionately with and are subject to settlement and expiration upon the same terms as the 2020 RSUs to which they relate.